Next-gen models coming, but details are vague
Going into the event, I was expecting the Master Pan 3 to be anchored around a new $30k model that was a few years away from production. As it turns out, the company gave no details about the timing of production for the new vehicles, price, design, and end customer (fleets or consumers). We did learn the platform will include a series of models, by my math as few as two and as many as four. Long-term, the company will have about 10 models (S, X, 3, Y, Semi, Cybertruck, and four yet to be announced).
Reading between the lines, these new models will be central to Tesla hitting its goal of 20m vehicles a year, and may account for about 65% of those deliveries. Based on the below slide that framed in expected deliveries by model, I’m now expecting one model, I’ll call it Model A, will be a $30K car, and my guess is the other will be a bigger SUV or a van (Elon is a fan of the Mercedes Sprinter). I’m making a big jump with the bigger SUV/Van prediction given it’s only based on the covered images below.
It’s worth noting that the company got specific questions about details for next-gen vehicles, and Musk responded by saying they will decline to answer anything on the topic and will have a proper event when the time is right.